yuan

A lot of members here including MA have mentioned banking, storing wealth in Yuan, having access to the CIPs system. As of today, Moscow becomes No.4 offshore trading centre for yuan lagging only Hong Kong, Britain and Singapore...

---- quote start An economist explains why Saudi Arabia and China are looking to ditch the dollar in a new oil deal — and where Beijing could target next as it spreads yuan adoption A potential yuan-based oil deal between Saudi Arabia and China could signal more unease with reliance on the US...